Estimate how much you'll pay over the entire lifetime of your student loan and see if you'll repay it in full.
This calculator estimates how much you'll repay over the loan's lifetime (including interest) and whether you clear it or see a write-off.
Estimated average annual increase (applied each April).
Real rules depend on RPI/base rate and (for Plan 2) income bands. This is a forward-looking estimate you can tweak yearly.
Threshold used: £27,295. Write-off after 30 years from the April after graduation.
Total Amount Repaid
£35,837
Over the life of the loan
Original Loan Amount
£45,000
Total Interest Paid
£321,606
Amount Written Off
£330,768
Remaining balance at write-off
Expected Write-Off Date
Apr 2054
30 years after graduation (from the April after you finish)
Verdict: Based on your inputs, you’re projected to have part of the balance written off.
This calculator helps you understand the total lifetime cost of your UK student loan. UK loans are income-contingent with automatic write-offs, so many borrowers never repay the full amount.
Check our write-off calculator to see your automatic cancellation date.
Check Your Write-Off Date